Rental numbers for the Grand Forks, ND metro
The typical home here runs -$1,106 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.4%.
- Gross yield
- 4.9%
- typical home, Zillow
- Median ZIP yield
- 5.4%
- 2 ZIPs with full data
- Cash flow
- -$1,106/mo
- at 7.78%, 25% down
- Typical price
- $283,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,160/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
25 with published figures
| 56744Oslo | $175,000 | $1,140* | 7.8% | 3.5% | -$426 | n/a |
| 58203Grand Forks | $248,000 | $1,364 | 6.6% | 2.9% | -$735 | +10.0% |
| 56716Crookston | $189,000 | $1,030* | 6.5% | 2.4% | -$649 | n/a |
| 56762Warren | $192,000 | $1,010* | 6.3% | 2.4% | -$655 | n/a |
| 56651Lengby | $222,000 | $1,110* | 6.0% | 2.1% | -$801 | n/a |
| 58275Reynolds | $254,000 | $1,240* | 5.9% | 2.6% | -$821 | n/a |
| 56592Winger | $201,000 | $970* | 5.8% | 1.8% | -$781 | n/a |
| 58256Manvel | $276,000 | $1,320* | 5.7% | 2.6% | -$890 | n/a |
| 56523Climax | $206,000 | $970* | 5.7% | 1.7% | -$816 | n/a |
| 58251Larimore | $224,000 | $1,050* | 5.6% | 2.1% | -$814 | n/a |
| 56542Fosston | $227,000 | $1,010* | 5.3% | 1.6% | -$919 | n/a |
| 56556McIntosh | $218,000 | $970* | 5.3% | 1.5% | -$902 | n/a |
| 58240Hatton | $224,000 | $970* | 5.2% | 1.6% | -$910 | n/a |
| 56723Fisher | $283,000 | $1,170* | 5.0% | 1.4% | -$1,194 | n/a |
| 58228Emerado | $237,000 | $970* | 4.9% | 1.9% | -$910 | n/a |
| 58267Northwood | $240,000 | $970* | 4.9% | 1.8% | -$941 | n/a |
| 56540Fertile | $245,000 | $970* | 4.8% | 1.2% | -$1,068 | n/a |
| 56722Euclid | $266,000 | $1,030* | 4.7% | 1.4% | -$1,130 | n/a |
| 58201Grand Forks | $329,000 | $1,128 | 4.1% | 0.9% | -$1,534 | +5.5% |
| 56684Trail | $293,000 | $1,000* | 4.1% | 1.1% | -$1,318 | n/a |
| 56721East Grand Forks | $296,000 | $990* | 4.0% | 0.6% | -$1,456 | n/a |
| 56646Gully | $304,000 | $990* | 3.9% | 1.0% | -$1,396 | n/a |
| 56535Erskine | $310,000 | $970* | 3.8% | 0.7% | -$1,478 | n/a |
| 56736Mentor | $341,000 | $1,020* | 3.6% | 0.6% | -$1,660 | n/a |
| 58278Thompson | $394,000 | $970* | 2.9% | 0.3% | -$2,021 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.3%
- Rent, 12 months
- +5.5%
- Rent minus price growth
- -1.8 pts
- Property tax
- 0.94%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $226,249 | $877 |
| Aug 2022 | $243,054 | $922 |
| Aug 2023 | $246,390 | $964 |
| Aug 2024 | $250,426 | $1,028 |
| Aug 2025 | $263,253 | $1,099 |
| Aug 2026 | $282,529 | $1,160 |
Counties
- Polk County, MNn/a median yield
- Mahnomen County, MNn/a median yield
- Red Lake County, MNn/a median yield
- Marshall County, MNn/a median yield
- Grand Forks County, ND5.4% median yield
- Traill County, NDn/a median yield
Tools
Test a listing in the Grand Forks, ND area against today's rate.
Open the calculatorQuestions
- Is the Grand Forks, ND metro good for rental property?
- The typical home here runs -$1,106 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.4%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Grand Forks, ND metro have the highest rental yield?
- 58203 (Grand Forks) at 6.6%, 58201 (Grand Forks) at 4.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.